SHE:002420 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	75.66	72.34	254.42	94.04	147.78	325.02
Trading Asset Securities	-	-	0.04	0.04	0.06	-
Cash & Short-Term Investments	75.66	72.34	254.46	94.08	147.84	325.02
Cash Growth	-18.97%	-71.57%	170.48%	-36.37%	-54.51%	50.96%
Accounts Receivable	1,082	1,022	926.5	890.68	981	762.38
Other Receivables	11.91	3.98	5.29	1.78	0.92	3.86
Receivables	1,094	1,026	931.79	892.46	981.92	766.24
Inventory	411.12	362.94	224.47	286.05	269.59	362.42
Prepaid Expenses	-	-	-	-	0.22	0.31
Other Current Assets	43.6	44.55	42.41	37.47	36.77	61.13
Total Current Assets	1,624	1,506	1,453	1,310	1,436	1,515
Property, Plant & Equipment	480.93	471	431.51	453.94	337.41	374.73
Long-Term Investments	104.59	71.94	72.81	47.23	44.63	45.57
Goodwill	24.87	24.87	29.9	47.83	-	-
Other Intangible Assets	123.65	124.65	123.81	129.23	102.47	103.51
Long-Term Deferred Tax Assets	22.01	26.51	24.52	16.62	8.76	11.26
Long-Term Deferred Charges	59.49	59.74	39.22	35.97	26.62	20.49
Other Long-Term Assets	86.08	90.71	111.06	49.34	23.65	22.08
Total Assets	2,526	2,376	2,286	2,090	1,980	2,093
Accounts Payable	727.74	854.83	793.71	779.28	826.62	946.68
Accrued Expenses	26.94	63.86	72.03	44.51	68.27	53.52
Short-Term Debt	422.45	371.12	453.23	255.95	254.82	301.44
Current Portion of Long-Term Debt	20.63	18.02	-	-	4.82	7.18
Current Portion of Leases	-	6.13	4.22	4.55	-	-
Current Income Taxes Payable	11.04	3.83	2.41	3.52	3.01	3.03
Current Unearned Revenue	22.05	21.79	37.5	55.98	70.2	62.46
Other Current Liabilities	464.95	357.7	338.76	160.9	58.75	68.25
Total Current Liabilities	1,696	1,697	1,702	1,305	1,286	1,443
Long-Term Debt	68.07	34.86	32.51	2.04	-	4.82
Long-Term Leases	19.78	23.03	3.83	7.94	-	-
Long-Term Unearned Revenue	22.31	27.73	26.86	30.83	42.71	62.96
Long-Term Deferred Tax Liabilities	4.49	7.57	2.71	3.75	-	-
Other Long-Term Liabilities	56.31	5.86	13.49	13.78	4	3.76
Total Liabilities	1,867	1,796	1,781	1,363	1,333	1,514
Common Stock	411.29	408.84	401	401	401	401
Additional Paid-In Capital	842.38	825.68	808.96	807.94	807.94	807.94
Retained Earnings	-604.5	-642.58	-737.27	-524.87	-566.85	-641.22
Treasury Stock	-33.35	-42.23	-	-	-	-
Total Common Equity	615.83	549.71	472.69	684.06	642.09	567.72
Minority Interest	43.01	29.66	32.03	43.12	4.59	10.94
Shareholders' Equity	658.84	579.37	504.72	727.18	646.68	578.66
Total Liabilities & Equity	2,526	2,376	2,286	2,090	1,980	2,093
Total Debt	530.94	453.16	493.78	270.48	259.64	313.44
Net Cash (Debt)	-455.28	-380.82	-239.32	-176.4	-111.8	11.59
Net Cash Growth	-	-	-	-	-	-91.66%
Net Cash Per Share	-1.15	-0.97	-0.60	-0.42	-0.29	0.03
Filing Date Shares Outstanding	405.77	383.08	401	401	401	401
Total Common Shares Outstanding	405.77	383.08	401	401	401	401
Working Capital	-71.83	-191	-248.72	5.38	149.85	72.56
Book Value Per Share	1.52	1.44	1.18	1.71	1.60	1.42
Tangible Book Value	467.31	400.19	318.98	507.01	539.62	464.21
Tangible Book Value Per Share	1.15	1.04	0.80	1.26	1.35	1.16
Buildings	-	422.45	392.52	357.95	347.76	346.11
Machinery	-	631.64	635.23	622.83	621.4	638.74
Construction In Progress	-	54.26	17.42	114.96	2.4	2.41

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.